Aging and Immigration Policy in a Representative Democracy

This paper analyzes how population aging affects immigration policy in rich industrialized countries. It sets up a two-period model of a representative democracy with two overlapping generations. The government’s preferred immigration rate increases with the share of retirees in the population. The...

全面介绍

Gespeichert in:
书目详细资料
发表在:MAGKS - Joint Discussion Paper Series in Economics (Band 18-2010)
主要作者: Calahorrano, Lena
格式: Arbeit
语言:英语
出版: Philipps-Universität Marburg 2010
主题:
在线阅读:PDF-Volltext
标签: 添加标签
没有标签, 成为第一个标记此记录!
实物特征
总结:This paper analyzes how population aging affects immigration policy in rich industrialized countries. It sets up a two-period model of a representative democracy with two overlapping generations. The government’s preferred immigration rate increases with the share of retirees in the population. The paper differentiates between an economy without a pension system and one with pay-as-you-go pensions. As immigrants have more children than natives, the chosen immigration rate is contingent on the design of the pension system. If pension contributions and benefits are set freely by the government, equilibrium immigration is lower than it is in the absence of a pension system. On the contrary, it is higher if the pension level is fixed ex ante to a relatively generous level, since native workers then benefit from sharing the burden of pension contributions with the immigrants.
实物描述:27 Seiten
ISSN:1867-3678
DOI:10.17192/es2024.0048